If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
GEORGE SOROSI chose America as my home because I value freedom and democracy, civil liberties and an open society.
More George Soros Quotes
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I rely a great deal on animal instincts.
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Revolutions usually start with enthusiasm and end in tears.
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I fancied myself as some kind of god or an economic reformer like Keynes.
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An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
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As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system.
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If we care about universal principles such as freedom, democracy and the rule of law, we cannot leave them to the care of market forces; we must establish some other institutions to safeguard them.
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It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.
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The global crisis is caused by pathologies inherent in the global financial system itself.
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American supremacy is the greatest threat to the world today.
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My sense of insecurity keeps me alert, always ready to correct my errors.
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It is sort of a disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.
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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one’s conceptions and what one does about them. Life can be seen as a fertile fallacy.
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Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
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The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
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If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.
GEORGE SOROS